42 Washington Avenue Rouses Point, NY 12979
MULTI_FAMILY - Other - Rouses Point, NY
Property Features for 42 Washington Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Basement
- Unfinished
- Standard status
- Active
- APN
- 20.10-5-18
- Size
- 2,101 SF
Taxes and HOA fees
- Tax Annual Amount
- 3786
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1860
- Floors in Building
- 2
- Building materials
- Wood Siding
- Roof type
- Metal
- Architectural style
- Other
Listing agent Michael Rowe (518) 593-9450
Listing office Kavanaugh Realty-Plattsburgh 64 Bridge Street Suite 1, Plattsburgh, NY (518) 562-4679
Listing date Jul 10, 2026
Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in the heart of Rouses Point, with access to local shops, restaurants, schools, and the waterfront. Public remarks also note it is just minutes from the Canadian border and close to Montreal.
With two independent 2-bedroom residences under one roof, the building offers a straightforward residential income configuration for buyers evaluating a duplex structure in the Rouses Point area.
Key Highlights
- Duplex with two 2‑bedroom units
- Year built 1860
- Metal roof and wood siding exterior
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.7k | $13.20 |
| − Vacancy | −$2.1k | −$1.00 |
| EGI | $25.6k | $12.20 |
| − OpEx | −$7.7k | −$3.66 |
| NOI | $17.9k | $8.54 |
